Seems to be the consensus a non-refundable move-in fee is preferred in Chicago -- legal reasons.
What about getting, in addition, first and last month's rent prior to move in? Does this open you up to more litigation...

Hello Bpers!So I had a home inspection on the 3 unit house I am purchasing and came up with a  list of items to have the sellers repair. They came back not willing to fix these issues but instead offering a $1000 cred...

Hey all, 
I have an LLC and I was taking over a healthy sized real estate syndicate (Realty Shares) holding. I have the forms to fill out, so it becomes under my ownership but my debate is between doing it under my p...

Being new to REI, I'm not sure what to do with the following scenario, but I think I smell a deal!  Advice, guidance and even "hand-holding" are welcomed!Yesterday I located a property in pre-foreclosure, scheduled to...

This year I have felt extra Grinch-like.The problem is that I created payment plans with two tenants who have flat-out lied to me and based on our procedures we begin the eviction process.Should I have waited until af...

Hi,I am in talks with a masonry company to do some major repairs to my chimney. I have been sent an estimate already, but when I asked for the contractor's license info (they were referred to me by my carpenter) I was...

I've got a vacant apartment in Carnegie that I just started marketing. I've had about 3 inquiries asking if I accept Section 8. Frankly, I never thought about it, but am curious to know the experience of other investo...

I'm selling an investment property for $915,000, commission is $35,000. My original purchase price was $550,000, and I've depreciated about $50,000. I financed it 100%, and have been paying interest only, so I still o...

I'm renting a property for $1600. A couple wants to rent but one of them has income of $19k while the other is attending college full time to get Physical therapy certification so no income. They have 10k savings. Mot...

Howdy Folks,I'm close to doing an FSBO deal where I seller finance to cover a 15% difference in the cash the buyer has on hand vs the minimum I'm willing to do on the property. Any suggestions on a Texas based lawyer ...